Empirical cross-section dynamics in economic growth
نویسندگان
چکیده
منابع مشابه
Empirical Cross - Section Dynamics in Economic Growth
Traditional empirical strategies for studying convergence—more generally, the dynamics and determinants of economic growth—can be misleading if important, underlying permanent or growth components are stochastically time-varying. This paper documents the degree to which this instability characterizes the data, and then offers an alternative empirical framework. This alternative—directly modelli...
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ژورنال
عنوان ژورنال: European Economic Review
سال: 1993
ISSN: 0014-2921
DOI: 10.1016/0014-2921(93)90031-5